The Board of Asa Resource Group plc (“The Company”), the fully integrated pan-African commodity group, is pleased to announce the appointment of Mr David Murangari as a new independent non-executive director of Asa with immediate effect.
Announcing the appointment, Mr Ning said “David is a highly experienced Zimbabwean geologist who qualified in the USA and is currently Chairman of The Zimbabwe Mining Development Corporation, the state body that plans, coordinates and implements mining development projects on behalf of the government. It’s responsible for prospecting, exploration, mining and mineral beneficiation programs.
David also serves as Deputy Chairman of Bindura Nickel Corporation and has been influential in the mining industry in Zimbabwe for many years. He was CEO of the Chamber of Mines of Zimbabwe, the umbrella body concerned with overseeing how the mining industry performs. David is well connected at government level and has extensive corporate experience as well as sitting on a number of boards and professional bodies in Africa.
David’s appointment is part of Asa’s strategy to augment its reputation within Zimbabwe and to strengthen the Board’s mining credentials. I’m confident that our influence is growing steadily in the different jurisdictions we operate in and this should open up more opportunities for the Group as it pursues its growth strategy.
With this appointment, the profile of the non-executive board is more independently balanced than at any time in the past with experience in mining, metallurgy, auditing and investor relations.”
Mr David Edgar Hoover Murangari (aged 76) currently holds the following directorships:
Zimbabwe Mining Development Corporation Bindura Nickel Corporation Freda Rebecca Gold Mine (Pvt) Limited Mining Promotion Corporation (State Corporation) Trust Holdings Limited
